{
RBC Canadian Bond Index ETF

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}
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001122334455554433221100

major banks predict european central bank rate cut in october

Major brokerages, including Goldman Sachs and JPMorgan, anticipate a quarter-point rate cut from the European Central Bank at its Oct. 17 meeting, driven by recent economic data indicating weakness and slowing inflation. Market expectations now reflect a 90% chance of this cut, following reductions in June and September. Euro zone inflation fell below 2% for the first time since mid-2021, while business activity contracted sharply in September, prompting policymakers to prioritize growth over price pressures.
Reuters
Euro JPMorgan Chase & Co. RBC Canadian Bond Index ETF HSBC Holdings plc Barclays PLC BNP Paribas SA Amanda Cooper JPMorgan Alun John Goldman Sachs Show more
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09:00 27.09.2024
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